India beat China, Russia and US in domestic market growth last year, says International Air Transport Association

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India beat China, Russia and US in domestic market growth last year, says International Air Transport Association
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The International Air Transport Association (IATA) has reported that Indian air passengers registered the fastest domestic passenger growth in the world last year.

"With annual growth of 18.8% (in a market of 80 million domestic passengers), India's performance surpassed that of Russia (11.9% growth, in a market of 47 million domestic passengers), China (9.7% growth, in a market of 394 million domestic passengers) and the United States (5.4% growth, in a market of 708 million domestic passengers)," stated the IATA release.

IATA recently released the 60th Edition of the World Air Transport Statistics (WATS), a yearbook that carries the annual performance of the airline industry.

As per the statistics of the report, airlines safely carried 3.6 billion passengers in 2015, which is equivalent to 48% of the Earth's population, while transporting 52.2 million tonnes of cargo worth around $6 trillion.

"In doing so, we supported some $2.7 trillion in economic activity and 63 million jobs," said Tony Tyler, IATA's Director General and CEO.
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